5663 NOVARA PLACE, Sarasota, FL, 34238 | $849,000

Welcome to your dream home nestled on one of the most beautiful waterfront and, at nearly 10, 000 square feet, one of the largest lots in the luxury resort style living of Village Walk. As you pull up to the home, you're greeted by the large gorgeous Southern-style porch and a tropical water view extending along the entire stretch of the side property and beyond. This property’s breathtaking views offer peace and tranquility. This rare corner property is a private oasis. Situated facing East-West, you will be amazed by the sunrises over the lake in the morning and stunned by colorful sunsets off the porch in the evening – majestic bookends to your day to be capped off by clear views of luminous moons. Enjoy fantastic vistas of the serene water, elegant bridges, and the beautifully landscaped gardens from every room, creating an ever-changing backdrop of nature’s beauty, including the diverse bird life. As you step inside this meticulously maintained home, your eye is immediately drawn to the bright and open floor plan and the wide and long lake view. Large windows complimented by designer window treatments, tasteful custom built-ins, and crown molding throughout, among other unique features, create a distinct architectural space that is at once light, sophisticated, comfortable and inviting. The home’s updates include warm engineered wood flooring in all the bedrooms, living room and dining room; a new HVAC (2023) with a heat pump and an upgraded corrosion package to ensure long-lasting efficiency, a new LG washer and dryer (2023), and brand new 55 gallon Rheem water heater with new expansion tank (2025). The next owner will benefit from transferable warranties. From the family room, step outside onto the cozy sitting area of the under hang and the expansive screened-in lanai with new screens secured with new hardware (2023), making this space perfect for outdoor entertaining, container gardening, and relaxation. The lanai offers unobstructed water views in multiple directions accented by colorful Florida native gardens and landscaping. Feel secure knowing Village Walk construction is poured concrete walls and built very solid, including roofs reinforced exceeding building codes. This vibrant gated community gives residents of all ages access to miles of scenic walking paths along picturesque lakes, a heated lap pool, and a lagoon pool for leisurely afternoons. The state-of-the-art fitness center, six Har-Tru lighted tennis courts, pickleball, bocce, and Town Center gathering spaces that host a robust activities calendar all offer ample recreational opportunities. Additional amenities include a gift shop, a café with a poolside tiki bar, a hair salon, a gas station, and so much more. Come discover why this home and the Village Walk community, are truly special!

Features

  • Amenities: Basketball Court, Clubhouse, Fitness Center, Maintenance, Pickleball Court(s), Pool, Recreation Facilities, Security, Tennis Court(s), Vehicle Restrictions
  • Rooms: 7
  • Bedrooms: 4
  • Baths: 4 full
  • Laundry: Inside, Laundry Room
  • Style: Ranch
  • Year Built: 2003
  • Garage: 2-car
  • Heating: Central, Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 2,521
  • Acreage: 0.23
  • Est. Taxes: $5,038
  • HOA Fee: $488 Monthly
  • Lot Desc: Corner Lot, Cul-De-Sac, In County, Landscaped, Sidewalk
  • View: Water
  • Elem. School: Ashton Elementary
  • Middle School: Sarasota Middle
  • High School: Riverview High
  • Pet Policy: Breed Restrictions, Cats OK, Dogs OK, Yes
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • MLS#: A4641696
  • Days on Market: 60 days
  • Website: https://www.raveis.com
    /prop/A4641696/5663novaraplace_sarasota_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 4/27/2025 7:47:08 AM)
Listing courtesy of MICHAEL SAUNDERS & COMPANY   Phone: 941-349-3444

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Pedro DelgadilloInsurance Sales Director, William Raveis Insurance

305.922.5393

Pedro.Delgadillo@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

5663 NOVARA PLACE, Sarasota, FL, 34238

$849,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $679,200 $679,200 $679,200
Term 360 months 360 months 180 months
Initial Interest Rate** 6.125% 6.625% 6.375%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.861% 6.727% 6.560%
Monthly Tax Payment $420 $420 $420
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,127 $4,349 $5,870
Total Monthly Payment $4,639 $4,861 $6,382

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.